REI Lense

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$4,880 (target)

3517 Nova Trl, Plano, TX 75023

3 beds • 2 baths • 2063 sqft

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This property looks like a bad Mid-Term investment with a projected -0.88% first-year return on $119k initial cash invested.

-0.88%

Cash On Cash

6.28%

Cap Rate

1.04

DSCR

$4,880

Rent

-$87

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,880 income − $4,967 expenses = $87 out of pocket

Income$4,880Out of Pocket$87Mortgage P&I$2,41349%Property Taxes$72015%Insurance$1754%Management$58612%CapEx$1954%Vacancy$1463%Maintenance$1954%Other$53711%

Investment Breakdown

|

Purchase Price

$482k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$119k

Downpayment

20%

$96,340

Closing costs

1%

$4,817

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,880

Total Expenses

$4,967

Mortgage P&I

49%

$2,413

Property Taxes

15%

$720

Home Insurance

4%

$175

HOA

0%

$0

Property Management

12%

$586

CapEx

4%

$195

Vacancy

3%

$146

Maintenance

4%

$195

Other

11%

$537

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